Professional
Added to YB: 2025-05-02
Pitch date: 2025-03-31
TOL [neutral]
Toll Brothers, Inc.
+51.58%
current return
Author Info
No bio for this author
Company Info
Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States.
Market Cap
$15.8B
Pitch Price
$105.68
Price Target
158.40 (-1%)
Dividend
0.60%
EV/EBITDA
8.99
P/E
12.31
EV/Sales
1.59
Sector
Household Durables
Category
value
Baron Real Estate Fund Portfolio Holding: Toll Brothers, Inc.
TOL (holding update): Luxury homebuilder insulated from high rates (25% buyers pay cash), valued at just 1.1x 2025E TBV & <7x P/E. Past peak multiple of 2.0x TBV implies 50%+ upside. Management targets high teens to 20%+ ROE, justifying future 1.8-2.0x TBV multiple.
Read full article (1 min)